SAND token surges following Adidas tweet

November 24, 2021 06:49 AM PST | By Manu Shankar
 SAND token surges following Adidas tweet
Image source: everything possible, Shutterstock

Highlights

  • The Sandbox is a blockchain-based metaverse game, which allows the players to build, own, and monetise their gaming experiences on an Ethereum blockchain. 
  • Created by Pixowl Inc in 2011, the Sandbox crypto the primary objective of the platform is to integrate blockchain to games to create a play-to-earn based model.
  • According to CoinMarketCap, the SAND was trading at US $6.96 with a 24-hour trading volume of US $7,272,856,421 at the time of writing (BST 1:44 pm).

The Sandbox is a blockchain-based metaverse game, which allows the players to build, own, and monetize their gaming experiences on an Ethereum blockchain. Best known for games like the Sandbox Evolution and The Sandbox, it has been generating huge amount of interest of late, especially with the growth of metaverse world.

SAND token surges following Adidas tweet

With combined powers of DAO and NFTs, the Sandbox aims to create a decentralised platform for the gaming community. Created by Pixowl Inc in 2011, the Sandbox crypto the primary objective of the platform is to integrate blockchain to games to create a play-to-earn based model. In November, the Sandbox crypto has seen significant rally ahead of its play-to-earn metaverse launch.

Also read: Why is VVS Finance surging today?

Why is Sandbox rallying today?

On Wednesday, the Sandbox token was rallying pretty strongly following its tweet directed towards Adidas, inviting original thinkers and doers to design a future together!!!

Adidas returned the favour by urging the Sandbox community what would it like to create. In what would seem to be a planned development, the market participants are all excited to see what both can create together.

Having said that, it seems to be a huge development for both The Sandbox and Adidas, but many believe it could include collectibles or wearables from the leading fashion brand.

The Sandbox, metaverse

Image Source: Copyright@ Kalkine

Also read: Is it the right time to invest in an IRIS crypto?

Is the Sandbox token worth considering?

The Sandbox token is ranked 37 on CoinMarketCap. According to CoinMarketCap, the SAND was trading at US $6.96 with a 24-hour trading volume of US $7,272,856,421 at the time of writing (BST 1:44 pm). The SAND also saw a volume gain as well by 37.37% and had a live marketcap of US $ $6,213,874,603 with a circulating 892,246,119 SAND coins. 

Experts believe that The Sandbox will go surge further and the Adidas partnership is only igniting hopes of a rally by November end or early December. Experts predict that the crypto in five years could grow by +97.32, and we could well see its price touching US $190 by 2026.

With the growth of blockchain-based games, especially the play-and-earn ones, it is quite possible that the partnership with Adidas is only the beginning of spectacular things for the Sandbox token.


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